Will 2025 Bring a Recession?
Despite the Fed's success in curbing inflation, declining consumer confidence—especially among Gen X and Millennials—signals economic uncertainty. With inflation and high asset prices adding pressure, the likelihood of a 2025 recession looms larger.
This Week's Retail Rundown:
INDUSTRY NEWS | WHAT WE'RE READING
Brands and Consumers Increasingly Embracing Third-Party Commerce
Third-party commerce is growing as?brands and retailers turn to online marketplaces?for expansion and greater efficiency through AI and automation.
Joann Launches New Brands, Promotions Ahead of Holiday Season
Joann is launching expanded inventory, new private label brands, and price cuts on 10,000+ items,?with special weekend sales and early holiday promotions?across its stores and online.
Inside the Store: Sam’s Club Unveils Its Store of the Future
Sam’s Club’s new Grapevine, Texas store is?fully checkout-free, using the Scan & Go app to streamline shopping and fulfillment.
Bed Bath & Beyond Returns in Partnership With Kirkland’s
Bed Bath & Beyond?is returning with smaller stores?through a partnership with Kirkland's, aiming to cut costs and boost market presence.
RETAIL Q&A | INDUSTRY QUESTION OF THE WEEK?
INSIGHTS IN ACTION | MODEL VS. INFLUENCER: A JEWELRY BRAND’S WINNING STRATEGY
领英推荐
Ever wonder which face drives purchasing decisions for a brand? A jewelry brand used?First Insight’s platform?to find out if models or influencers resonated more with their audience.
The goal:?Discover who consumers preferred and which faces would drive engagement.
The result? Influencers outperformed models, being seen as younger and more relatable. The brand quickly replaced a pre-booked model with the top-rated influencer for their next catalog photoshoot and revamped their marketing messaging, enhancing their appeal.
WEEKLY RETAIL QUOTE
Prioritize Voice of the Customer data to adapt your offerings and refine your business model. Understanding their evolving needs helps you stay ahead and drive continuous improvement.
IN THE LOOP | NRF ESTIMATES AMERICANS WILL SPEND $11.6 BILLION THIS HALLOWEEN
ICYMI | RECENT FORBES EDITIONS |?BY GREG PETRO?
About First Insight?????
First Insight is the global leader in Voice of the Customer retail solutions, transforming business decision-making through actionable consumer insights and AI. Our platform enables retailers and brands to boost revenues and profitability by informing strategic decisions with consumer data and removing guesswork. Trusted by hundreds of leading retailers, vertically integrated brands, mass merchants, and wholesalers, First Insight leads in optimizing strategy, product, pricing, and marketing decisions.
Visit??www.firstinsight.com?to learn more, or if you're interested in harnessing the power of First Insight's Retail Decision Platform for your business,?let's talk!
Company Name @(@#S)sq. BEYOND??? Mission Earth | would be social enterpreneur | Sufi | Buddhist | Baha’i | AI advocater | Moderate | piloting media for Peace ?? | Methodist Bounty hunter | a child in time|
4 周The US credit markets seem to be out of control lol